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Commonwealth Bank

Credit Risk Senior Analyst

Posted 10 Days Ago
Be an Early Applicant
2 Locations
Mid level
2 Locations
Mid level
The Credit Risk Senior Analyst prepares impairment estimates, supports provisioning forecasting, conducts stress testing, and collaborates with teams on credit risk models.
The summary above was generated by AI

See yourself at CommBank:

At CommBank, we never lose sight of the role we play in other people’s financial wellbeing. Our focus is to help people and businesses move forward to progress. Risk Management is responsible for protecting the Group’s interests by offering insightful risk leadership and a commercial yet independent approach to managing risks.

See yourself in our team:

Part of CBA’s Retail Credit Risk division, you will be a key member in our Retail Provisioning, Forecasting & Stress Testing team - a critical function that ensures the continued success of CBA and our valued customers.

On a day-to-day basis you will: 

  • Prepare Loan Impairment Expense (LIE) estimates on a monthly basis, assisting the Group Loan Loss Provisioning Committee.

  • Support the Retail Credit Risk framework with a sound and adequate provisioning forecasting process for all retail products.

  • Use advanced knowledge of business and regulatory drivers to provide strategic insights and analysis to business unit partners and senior management on credit related issues.

  • Conduct stress testing to assess the resilience of our lending portfolio under adverse economic conditions.

  • Work closely with model developers, validators and implementation teams to assist with the maintenance and improvement of existing/newly developed credit risk models and their data infrastructure.

  • Work productively together with your team to meet deadlines and maintain strong stakeholder relationships across the business.

We are interested in hearing from people who:

  • Come from a Banking & Finance background with experience in credit risk management.

  • Ability to partner across teams, summarise issues, develop recommendations and make decisions.

  • Have an understanding of macroeconomic/regulatory environments and credit risk management.

  • Have proficient written and verbal communication skills, including ability to succinctly articulate key insights and advice to diverse audiences.

  • Demonstrated expertise in SAS, SQL, R or other data science/analytics software.

  • Have the ability and drive to work in a high performing, fast paced environment.

  • Have exceptional academic qualifications in areas such as Actuarial Studies, Financial Mathematics/Statistics, Credit Modelling, Computer Science, Applied Finance, Financial Statement Analysis or other relevant fields.

 If this sounds like you apply now!

If you're already part of the Commonwealth Bank Group (including Bankwest, x15ventures), you'll need to apply through Sidekick to submit a valid application. We’re keen to support you with the next step in your career.

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Advertising End Date: 01/04/2025

Top Skills

Analytics Software
Data Science
R
SAS
SQL

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